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The Haryana Real Estate Regulatory Authority (HARERA), Gurugram, has rejected real estate promoter Shree Vardhman Infraheights Private Limited’s application for an extension of registration for its group housing project Shree Vardhman Victoria, “over repeated non-compliance” with various rules and the Real Estate (Regulation and Development) Act, 2016.
According to a statement issued by the HARERA on March 27, it had given Vardhman Infraheights as many as 24 chances to comply with the requirements that were mandatory in order to renew or grant extension to the registration of the project, but the promoter failed to do so.
After hearing the case on March 20, the authority decided to reject the application and issued an immediate order to freeze all of the promoter’s bank accounts. “As no one has appeared on behalf of the promoter applicant, indicating that the promoter has no intention of pursuing the matter.”
“Based on the above considerations, the application for extension of the project’s registration is hereby rejected under the provisions of Section 6 of the RERA Act, 2016,” said according to the order issued by the bench of Ashok Sangwan, Vijay Kumar Goyal, and Sanjeev Kumar Arora.
The authority also stated that the promoter’s processing fee would be lost. So, that queries sent to the developer received no immediate response.
Under Section 6 of RERA, an application for the extension of registration of the Shree Vardhman Victoria group housing project in Sector 70 of Gurugram, which is being developed by Shree Vardhman Infraheights, was submitted in October 2021.
The authority stated that it reviewed the application for registration extension and found deficiencies, which were communicated to the promoter with instructions to correct. “It is also noted that the time period for project completion and registration expired in June 2021 only, counting the six-month relaxation for COVID 19 period.”
Based on the above considerations, the office is requested to initiate the process outlined in Section 8 of the Act of 2016, as well as to issue a public notice to that effect and the project’s bank account is hereby frozen, with notification sent to the bank,” the order stated.